Wednesday, October 28, 2020
Home News Reports Hours after Parvez Ahmad was removed as Jammu and Kashmir Bank chairman, state vigilance...

Hours after Parvez Ahmad was removed as Jammu and Kashmir Bank chairman, state vigilance dept raids the headquarters

The vigilance officials are looking out for records of nearly 1,200 appointments allegedly made as political recommendations by Ahmad's under the previous state government.

Jammu and Kashmir government removed Parvez Ahmad as Chairman and Managing Director of J&K Bank and appointed R. K. Chibber as the interim chairman with immediate effect. Within minutes of Ahmad’s departure, state vigilance department proceeded to raid the bank’s corporate headquarters at MA Road in Srinagar.

Ahmad, who was appointed as the chairman by PDP-BJP government in October 2016 was removed five months ahead of the completion of his term.

Chibber previously served as the chairman of Grameen Bank and was one of the executive presidents of J&K bank before being appointed as the first non-Kashmiri chairman.

Since the raid, speculations are rife about the internal functioning and future of the bank.

As per reports, the government order, which was was signed by the additional secretary read, “Parvez Ahmad, chairman cum Managing Director shall cease to be Director on the Board of Directors of the bank and consequently be no longer the chairman cum managing director of the bank.”

The vigilance officials are looking out for records of nearly 1,200 appointments allegedly made as political recommendations by Ahmad’s under the previous state government. Earlier, in October 2018, J&K Governor Satyapal Malik had accused the bank of appointing employees on political recommendations. The issue was brushed under the carpet but a month later, State Accountability Commission headed by Malik had decided to treat the bank as Public Sector Undertaking.

The decision was, however, revoked after political outrage. The governor had come out to clarify that J&K Bank was registered as a government company under the Companies Act. Therefore, the bank would continue to be regulated by the Reserve Bank of India (RBI).

J&K bank was incorporated on October 1, 1938, as the first bank in the country to emerge as a state-owned bank.

Former chairman Haseeb Drabu, who joined Mehbooba Mufti-led PDP in 2014, went on to serve as the finance minister in the last government.

This year about 1,44,800 candidates appeared for the bank’s online recruitment test for the posts of 250 probationary officers conducted between April 22 and 26.

According to reports, the bank was accused of favouring the students of Kashmir region by applying different selection criteria for different districts of Jammu and Kashmir region. While the cut-off marks for Jammu was 63, for Srinagar it was 42. For Samba and Kathua it was 56, for Udhampur it was 57. Whereas for Pulwama, Baramulla, and Rajouri it was 40. However, for Kupwara, Anantnag, Bandipora, and Kulgam it was 41.

In May, a group of candidates had protested against the alleged discrimination with Jammu region in the selection process. Their outrage found backing in political parties including the Congress and the BJP that openly supported their protest and demands. As the voices grew louder, and governor Malik intervened in the matter, the bank was forced to alter the cut-off marks to a uniform number of 40 across all districts of the state.

However, the protesting candidates demanded the recruitmentprocess be thoroughly investigated.

Ahmad, the then chairman later announced on Twitter that all aspirants with 40 plus marks would be eligible to sit for the mains of the PO exam. He added, “All those candidates having an assessment score of 40 and above shall be eligible to write the mains. Good luck aspirants. Stay tuned for a rescheduled date after arranging logistics.”

However, after the result for the PO conducted by Institute of Banking Personnel Selection (IBPS), Mumbai was declared, some students in Jammu also protested against the results. These protests continued for a few days. The bank, however, denied all allegations and dismissed the protests by terming their recruitment process ‘transparent’.

That bank later clarified its stand through an advertisement in local dailies, which read “Post declaration of the results of the bank’s online recruitment test for the preliminary examination conducted by Institute of Banking Personnel Selection (IBPS), Mumbai for the selection of probationary officers in the bank, it has come to the notice of the bank that there is a parochial attempt by some vested interests to misguide the applicants with baseless misinformation on the selection process being skewed to a particular district on the basis of merit cut off.”

  Support Us  

Whether NDTV or 'The Wire', they never have to worry about funds. In name of saving democracy, they get money from various sources. We need your support to fight them. Please contribute whatever you can afford

OpIndia Staffhttps://www.opindia.com
Staff reporter at OpIndia

Related Articles

Trending now

TeleMedicine: Technology bridging the doctor-patient gap to strengthen public healthcare system

Telecardiology helps connect cardiologists and patients in remote areas so that they could get timely report leading to proper diagnosis.

Bihar: The shocking story of Jungle Raj hidden in voter turnouts

The shocking story of Jungle Raj in Bihar no one told you.

Munger Police deactivates its Twitter account amidst claims of SP Lipi Singh being suspended over Durga Puja violence

SP Munger had earlier defended police action on devotees during the Durga Visarjan procession, claiming they provoked the force by pelting stones

NIA raids offices of Greater Kashmir and ‘activist’ associated with NGO that called Amarnath Yatra ‘militarised pilgrimage’

The NIA also carried out raids at the offices of another dubious NGO called 'Athroat', a houseboat named 'HB Hilton' in the Dal Lake and on the residence of 'activist' Khurram Parvez.

BJP MLA Krishnanand Rai’s widow writes to Priyanka Gandhi urging her to stop shielding Mukhtar Ansari, accused of killing her husband

Mukhtar Ansari is currently lodged in a jail in Punjab which is governed by Congress party, which has refused to transfer him to UP

Chinese state-run channel shows the portrait of Prophet Muhammad, netizens ask if Muslim nations will boycott China

Arslan Hidayat, an Uyghur Rights Activist, took to Twitter shared a video of a Chinese TV series on Twitter in which it was depicted that an Arab ambassador visiting China during the rule of Tang dynasty gifts a portrait of the Prophet Muhammad to the Chinese emperor.

Recently Popular

Faridabad: A month after college student Nikita files molestation complaint against Taufeeq, he shoots her dead

As per reports, the accused initially wanted to abduct the victim but killed her when she resisted him.

Nikita Tomar murder: Taufeeq was pressurising her to embrace Islam family alleges

On Monday, 21-year-old Nikita Tomar was shot to death in broad daylight outside the Aggarwal college in Ballabgarh, Faridabad

Nikita Tomar murder: Main accused Tauseef belongs to a family of influential Congress politicians from Nuh in Haryana

The prime accused Tauseef's grandfather, uncles and cousin brothers are all infuential Congress politicians from Haryana's Nuh

Charlie Hebdo mocks Turkish President Recep Erdogan in its latest cartoons, shows him lifting a skirt of woman wearing ‘hijab’

The front-page caricature of Wednesday's edition of Charlie Hebdo that was released online on Tuesday night depicts Erdogan in a white T-shirt and underpants, drinking a can of beer and lifting up the skirt of a woman wearing a hijab to reveal her naked bottom.

YouTuber Lakshay Chaudhary levels serious allegations of fraud against Gaurav Wasan of Swad Official whose video on ‘Baba ka Dhaba’ had gone viral

Gaurav Wasan of Swad Official had uploaded a video about the financial difficulties faced by the elderly couple of 'Baba ka Dhaba'.

18-year-old dead as police open fire at Durga Puja Visarjan procession in Munger, Bihar: Here is everything you need to know

An 18-year-old youth has reportedly been killed and several others injured in the firing that took place on the intervening night of Monday and Tuesday in Munger, Bihar
- Advertisement -

Lord Ram’s effigy burnt in Amritsar on Dussehra, case registered after BJYM and VHP members held protests

In a video of the incident, some people were seen burning an effigy of Lord Ram on the occasion of Dussehra

TeleMedicine: Technology bridging the doctor-patient gap to strengthen public healthcare system

Telecardiology helps connect cardiologists and patients in remote areas so that they could get timely report leading to proper diagnosis.

Adivasis and family of Gond tribal leader Komaram Bheem objects to his Muslim look in the upcoming ‘RRR’ movie

Komaram Bheem’s grandson Sone Rao said that the movie RRR depicting Bheem as Muslim is nothing but a 'distortion'

Bihar: The shocking story of Jungle Raj hidden in voter turnouts

The shocking story of Jungle Raj in Bihar no one told you.

CIC issues show-cause notice and summons after NIC, IT Ministry said in RTI reply that they do not have information on creation of Aarogya...

CIC asked how NIC does not have information about creation of Aarogya Setu App when it says it is designed, developed and hosted by it

UP CM Yogi Adityanath vows to save cows at any cost, warns of stern action against those indulged in cow slaughter

Yogi Adityanath said that the state government was committed to protect cows at any cost and wont allow cow slaughter

Swad Official’s Gaurav Wasan refutes allegations of fraud levelled by YouTuber Lakshay Chaudhary, says he has given all the donations to ‘Baba Ka Dhaba’

Gaurav Wasan said that he has collected Rs 3.35 lakhs through the campaign, and he gave it to Baba ka Dhaba by cheque

Munger Police deactivates its Twitter account amidst claims of SP Lipi Singh being suspended over Durga Puja violence

SP Munger had earlier defended police action on devotees during the Durga Visarjan procession, claiming they provoked the force by pelting stones

NIA raids offices of Greater Kashmir and ‘activist’ associated with NGO that called Amarnath Yatra ‘militarised pilgrimage’

The NIA also carried out raids at the offices of another dubious NGO called 'Athroat', a houseboat named 'HB Hilton' in the Dal Lake and on the residence of 'activist' Khurram Parvez.

Tamil Nadu: UPA ally VCK MP Thol Thirumavalavan says upper-caste women go behind men of other castes as ‘their’ men do not have any...

hol Thirumavalavan belongs to a Dalit community and is notoriously known for making vile comments against other communities.

Connect with us

245,563FansLike
470,124FollowersFollow
19,400SubscribersSubscribe